Multiple Choice
Recall that the total income received from time to time from a continuous income stream of dollars per year is
Total value = TV =
Find the total value of the given income stream and also find its future value (at the end of the given interval) using the given interest rate.
, , at 9%
A) TV = $0, FV = $72,344.91
B) TV = $0, FV = $327,074.77
C) TV = $1,600,000, FV = $834,722.23
D) TV = $0, FV = $256,372.45
E) none of these
Correct Answer:

Verified
Correct Answer:
Verified
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